All-in-all, Louisville is growing on both a population and economic basis.

64 room upper-midscale branded hotel near several economic drivers in the metro Phoenix area.

It can be extremely beneficial, economically-speaking, and incredibly gratifying; however, you might want to look at the opportunity costs.

Here is what I have so far:- Listened to 10-20 BP podcasts- Attended 1 webinar- Read countless forum/blog posts- Started doing preliminary research for markets (economical, population, other trends)- Researched "my niche", which currently seems to be between either flipping, BRRR, or typical buy/hold (see below for my advantages)I have a few advantages that I should leverage. 

In the last 10 years there has been a lot of economic development spurred on from the 2011 tornado.

These properties provide a balance of cash flow and appreciation growth thanks to Las Vegas' outstanding economic outlook for the foreseeable future.

So I am an economics teacher but the true intricacies of real estate are relatively new to me.

You'll be investing or RIDING through the next economic downtown.

The five takeaways that she attributed to Utah's continued strong growth is 1: Economic Diversity 2: Youthfulness 3: Global Connection 4: Location 5: Social Cohesion.

Class B/C multi family also did very well during the last recession as people downgraded from class A apartments and also needed somewhere to live when they lost their SFH’s.Also bear in mind that recessions don’t impact all areas equally so you might want to consider economic factors into your decision process like population growth, wage growth etc.